3.0
Jul 14, 2012
Recommend
CEO approval
Business Outlook
Pros
Middle management lead effectively with vision and fairness for employees
Cons
Unfortunately the upper management act in a top down approach slashing a large number of jobs without understanding the cost to must win projects . Once the head count is reduced they attempt to reassemble a functional organization with key skills sets missing. The loyalty of the remaining generally lower paid staff is diminished and hence they seek opportunities elsewhere.The R&D morale is the lowest level it has ever been and this will impact innovation